revPay
revPay Overview
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Company and scope: revPay is operated by Revenue Harvest Sdn Bhd and provides online payment collection, website integrations, and recurring debits within Malaysia.
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Core channels: hosted invoicing links, API checkout on your site, and PayNet Direct Debit for recurring collections.
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Card brands: Visa and Mastercard via acquiring partners, plus UnionPay Online Payment.
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Local rails: PayNet FPX for bank account payments and PayNet Direct Debit for recurring debits.
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Currency: transactions and settlements in MYR.
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Security claims: PCI DSS compliance, 3D Secure, 256-bit SSL, and fraud monitoring.
revPay Products For Merchants
RevPay Express
A lightweight tool for sending invoices by email and taking payments online without building a website. The flow is create invoice → customer gets email link → customer pays on revPay’s page.
RevPay Express Plus
Extends Express by adding card acceptance in addition to online banking. Useful for businesses that want hosted payments with more tender types but no development work.
RevPay API
A gateway integration for taking payments directly on your website. revPay’s site states the API supports local online banking, Visa and Mastercard, UnionPay Online Payment, and more. It is the path for developers who want branded, on-site checkout with server side control.
RevPay Debit
A recurring payments option powered by PayNet Direct Debit. Merchants send an authorization request and, once approved by the customer, revPay debits on the schedule you set.
Payment Methods Supported
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PayNet FPX: Online banking payments from Malaysian bank accounts. revPay publishes FPX availability and maintenance advisories and lists FPX under its supported “Payment Modes.”
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Visa and Mastercard: Card acceptance is available with Express Plus and API. The site notes 3D Secure support.
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UnionPay Online Payment (UPOP): UnionPay e-commerce acceptance is offered. revPay states it was the first Direct Authorised Partner with UnionPay in Malaysia.
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Alipay (APOP): The pricing section labels a combined “UPOP or APOP” row, indicating Alipay online acceptance alongside UnionPay in relevant plans.
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PayNet Direct Debit: For recurring collections via customers’ bank accounts. revPay provides per-transaction and mandate-related fees for Direct Debit.
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Internet Banking (IB) or PEx+: Listed as an additional online banking option in the pricing matrix, available with API.
Settlements, Currencies, And Payout Schedule
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Settlement currency: revPay states all payments to merchants are made in Malaysian Ringgit (MYR), with settlement into a Malaysian bank account.
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Default payout frequency: by default 7 to 15 business days after transaction day, or on an alternative schedule if requested by the merchant and approved.
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Payout fees: RM2.00 per IBG transfer.
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Holds and reserves: the site’s marketing section mentions a “No Hold Back Policy,” yet revPay’s legal terms also state it may place holds or reserves where needed for risk management. Merchants should review and accept revPay’s terms with this in mind.
Security And Compliance
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PCI DSS: revPay states it complies with PCI DSS requirements and provides a secure payment system.
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3D Secure: the site lists “We are 3D Secure” among security features for card transactions.
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Encryption and controls: the site references 256-bit SSL, fraud monitoring, and strong password requirements.
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Regulatory registrations disclosed: revPay’s site states it is a Payment System Operator registered under Bank Negara Malaysia’s Financial Services Act 2012 and that it is PayNet-assigned as a TPA for FPX Online and Direct Debit. Merchants that must evidence these statuses should retain screenshots or request official letters directly from revPay.
Integration And Developer Options
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Hosted flows: RevPay Express and Express Plus handle the UI and PCI scope on its pages. You generate invoices and revPay emails a link to the customer.
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On-site flows: API enables integrating card, UnionPay, and local banking payments into your website. The site indicates a standard multi-step checkout flow and an additional Online Payment Gateway fee on the API plan.
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Notifications: email confirmations are included, with optional SMS for a fee.
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Merchant portal: a dedicated portal exists for account access, reporting, and operations.
Interchange Context In Malaysia
revPay publishes a reference to Bank Negara Malaysia’s Payment Card Framework domestic interchange levels such as 0.60% for domestic credit and capped rates for domestic and international scheme debit. These are indicative network caps and not the final merchant discount rate. Your effective rate depends on the plan, method, and any acquirer arrangements behind the scenes.
Who Is revPay Best For
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Malaysia-based SMEs that sell domestically and need FPX and card acceptance with quick setup.
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Subscription or installment providers that can leverage PayNet Direct Debit for scheduled debits.
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Merchants needing hosted invoicing now and an API path later as they grow.
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Businesses with MYR pricing and tolerance for a 7 to 15 business day settlement window.
revPay: Frequently Asked Questions (FAQs)
What is revPay and where does it operate?
revPay is a Malaysia-based payment service provider operated by Revenue Harvest Sdn Bhd. It supports online payments and PayNet Direct Debit for businesses in Malaysia.
Which payment methods does revPay support?
revPay supports Visa, Mastercard, UnionPay Online Payment, Alipay, FPX online banking, PayNet Direct Debit, and Internet Banking or PEx+ via the API plan.
Does revPay support FPX and PayNet Direct Debit?
Yes. FPX is available for bank account payments, and PayNet Direct Debit is available for recurring debits.
What revPay products are available and who are they for?
Express is for simple hosted invoicing, Express Plus adds card acceptance, API is for website integrations, and Debit is for PayNet Direct Debit recurring collections.
Which currencies and settlements does revPay support?
Transactions and settlements are in MYR with payout to a Malaysian bank account.
What is revPay’s typical payout schedule?
The default payout window is 7 to 15 business days after the transaction. IBG transfers incur a RM2.00 disbursement fee.
What platform, setup, and annual maintenance fees does revPay publish?
Express: RM10 monthly, RM200 setup, RM120 annual. Express Plus: RM20 monthly, RM300 setup, RM240 annual. API: RM50 monthly, RM600 setup, RM500 annual. Debit: RM300 monthly, RM1,400 setup, RM3,000 annual or RM300 per active month.
What transaction fees does revPay publish?
Examples include FPX from 3.5% or RM0.60 minimum on hosted plans and 2.8% or RM0.60 minimum on API, Visa or Mastercard at 3.5% or RM0.60 minimum on Express Plus and 2.8% or RM0.60 minimum on API, UnionPay Online Payment or Alipay at 3.5% or RM0.60 minimum on hosted plans and 2.8% or RM0.60 minimum on API, Internet Banking or PEx+ at RM1.50 on API, PayNet Direct Debit DDI CASA at RM4.00 and DDI CCA at 1.50% + RM4.00, DDA form at RM4.00, e-Mandate at RM2.00, and an Online Payment Gateway fee of 0.2% or RM0.20 minimum on API.
Is revPay PCI DSS compliant and does it support 3D Secure?
revPay states PCI DSS compliance, 3D Secure support, 256-bit SSL, fraud monitoring, and strong password controls.
How long does revPay onboarding take?
revPay lists a typical activation time of 7 working days.
Does revPay place holds or reserves?
revPay’s marketing mentions a no holdback policy, but its legal terms allow holds or reserves for risk management. Merchants should review the applicable terms.
Who is revPay best for?
Malaysia-based SMEs needing FPX and cards, subscription businesses using PayNet Direct Debit, and merchants that want hosted invoicing or an API integration with MYR settlement.